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Candelaria Mining Corp T.CAN


Primary Symbol: V.CAND Alternate Symbol(s):  CDELF

Candelaria Mining Corp. is a Canadian gold-copper exploration company with a portfolio of two highly prospective projects in Mexico. The Company owns 100% of the Caballo Blanco and the Pinos Gold Projects. The Caballo Blanco license area is located on the eastern coast of Mexico in the state of Veracruz, 65 kilometers northwest of the city of Veracruz. The most advanced project in the license area is La Paila, which is conventional open pit/heap leach mining operation targeting approximately 100,000 ounces of gold production annually. The Pinos mining property and historical mining district is located in the municipality of Pinos, Zacatecas state in north-central Mexico near the town of Pinos, Zacatecas. The property lies 405 air-kilometers northwest of Mexico City and is 67 km west-northwest of the city of San Luis Potosi, 113 km east-southeast of the city of Zacatecas, and 85 km northeast of the city of Aguascalientes.


TSXV:CAND - Post by User

Comment by ANBCAon Oct 19, 2010 10:05am
361 Views
Post# 17581416

RE: soc still halted

RE: soc still haltedMay not trade before the issue at hand is resolved.  If this land title amounts to their largest asset then it is hard for them to make a statement satisfactory to the exchange.  I think the issue will be solved today and the result known after the close.  Just a feeling I have.  The language in the Canaco release yesterday unless I took it out of context was not positive to SOC.  Could the Tanzanian officials feel they tried to pull a slight of hand?  If they do feel this way it will jeopardize their other activities in the Country. 

I don't know much about the laws or formalities of the mining industry and how they may come into play here.  So do your own DD.  These thought are purely my own.

JMO

A
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